Current Situation
Litecoin $LTC
currently traded above key support $112.6, up +1.61%. The crypto market shows slight recovery, while LTC price action tends to consolidate. On-chain metrics indicate increasingly solid fundamentals.
Driving Factors of Network Activity
1. Increasing Adoption
Daily active addresses on the Litecoin network surged → a real signal of increased usage & demand. 📊
2. ETF Speculation
Rumors about potential Litecoin ETF add to positive sentiment, driving new interest and price increases. 💸